secwatch.observer — SEC 8-K summary
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Issuer:     Phoenix Education Partners, Inc. (PXED)
CIK:        0001600222
Form:       8-K
Filed at:   2026-07-14T20:05:15+00:00
Accession:  0001193125-26-303157
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phoenix Education Q3 net income falls 27% to $39.2M; adjusted EBITDA down 6%
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- Net revenue $271.8M, flat YoY; Average Total Degreed Enrollment 85,300 vs 84,800.
- Net income $39.2M ($1.01 diluted EPS) vs $53.8M ($1.42) a year ago.
- Adjusted EBITDA $78.1M vs $83.4M; adjusted diluted EPS $1.43 vs $1.57.
- Decline driven by IPO-related share-based compensation, higher ad spend, and restructuring costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600222/000119312526303157/0001193125-26-303157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600222/000119312526303157/pxed-20260714.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-303157

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer